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Reporting on the Golf channel that Phil is being investigated by the FBI and SEC for insider trading on nonpublic information in 2011. This was reported in the WSJ and NY Times. There is some conflicting information from Carl Icahn (also mentioned in the investigation) and Phil's attorney. Stay tuned.

Reporting on the Golf channel that Phil is being investigated by the FBI and SEC for insider trading on nonpublic information in 2011. This was reported in the WSJ and NY Times. There is some conflicting information from Carl Icahn (also mentioned in the investigation) and Phil's attorney. Stay tuned.

Not much to see here as of yet. You may have to "stay tuned" for many years for anything to ever come of this. My guess is it never will, at least not against Mickelson. Against Charl Icahn ... that's a different matter.

Why do people with ridiculous amounts of money break the law to get more money they don't need and probably won't even spend?

People usually attain large sums of money because they're driven. They are proactive people who want to continue to amass success, personally and financially. Not to mention, most people become accustomed to a lifestyle. Someone who has millions doesn't view their wealth the same way as an average joe.